Industry expert in data center site selection and energy management is promoted to Chief Real Estate Officer
Austin, TX – July 27, 2022 – Quantum Loophole, Inc., an innovative developer of first-of-its-kind Gigawatt-scale master planned data center communities, today announces that Sylvia Kang has been named Chief Real Estate Officer. The move comes soon after Quantum Loophole announces the groundbreaking of its 2,100+ acre data center development campus at Quantum Frederick.
Sylvia brings more than 15 years of experience in data center site selection, energy and lease contract negotiations, financial analytical modeling and energy management to her role at Quantum Loophole. Hailing from CyrusOne, Microsoft, and Yahoo!, combined with previous experience from PriceWaterhouseCoopers and KPMG, Sylvia’s consultative approach and understanding of the complexities associated with high-stakes decision making positions her strengths effectively both internally and externally with clients.
At Quantum Loophole, Sylvia leads real estate and energy management. Her strategic oversight is critical to driving Quantum Loophole’s disruptive, first-of-its-kind gigawatt-scale, master plan data center communities that leverage environmental sustainability at its core. Sylvia Kang, also a notable data center tax expert, was instrumental in identifying Quantum Frederick’s 2,100+ acre site based on Maryland’s new data center tax legislation passed in July 2020. Sylvia’s passion, commitment, and excellence show consistently in the engagement and respect she offers and earns every day internally and externally.
“Throughout Sylvia’s career, she has led teams to drive tens of millions of dollars in data center development cost savings. She has negotiated a multitude of data center service agreements and was a key driver behind industry-leading legislative changes,” says Josh Snowhorn, founder and CEO. “At Quantum Loophole, Sylvia played an instrumental role in identifying the site that is now known as Quantum Frederick. It’s obvious that Sylvia is who we need leading the company’s site selection efforts for our company, and the industry.”
Quantum Loophole reimagines the site selection process for hyperscale and mass-scale data center developments. Its first project, in Frederick County Maryland, is being developed to address constraints in the Northern Virginia market and provide the digital infrastructure industry a 10-20 year road map inclusive of land, power, water and network. In addition to the 2,100+ acre development site, the QLoop network is set to be one of the most robust conduit systems to ever be constructed, capable of holding over 200,000 strands of fiber.
For more information about Quantum Loophole visit: www.quantumloophole.com.
# # #
About Quantum Loophole
Quantum Loophole disrupts data center site selection offering a rapid platform delivery for land, power, connectivity, and scale. The company’s first-of-its-kind gigawatt-scale, master planned data center development uniquely addresses the scalability, connectivity, and cost-efficiency challenges of today’s large-scale deployments. Powered by innovative energy systems, hundreds of thousands of strands of fiber from multiple carriers, and mass-scale entitled land, Quantum Loophole’s master planned communities take the guesswork out of adding needed data center capacity, allowing hyperscalers, enterprises, and colocation providers speed with go-to-market capabilities. Incorporating renewable energy, land and water improvements, Quantum Loophole offers an environmentally sound approach that reduces the overall carbon footprint while fully enabling powered land with the highest level of connectivity, reliability, and security. For more information, please visit www.quantumloophole.com.
This press release contains, and our officers and representatives may from time to time make, “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “will,” and similar references to future periods. Examples of forward-looking statements include, among others, statements we make regarding our plans for data center cities, sustainable growth and community-mindedness, ability to manage pricing pressure, and similar statements.
Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations, and assumptions regarding the future of our business, future plans, and strategies, projections, anticipated events and trends, the economy, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict, and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, economic and financial conditions, including volatility in interest and exchange rates; commodity and equity prices, and the value of financial assets, land prices, power pricing volatility, capital and/or credit market availability; the adequacy of our cash flow; strategic actions; the occurrence of hostilities; political instability or catastrophic events; changes in customer demand; the extent to which we are successful in gaining new long-term relationships with customers and the level of service failures that could lead customers to use competitors’ services; and developments and changes in laws and regulations, including increased regulation of the power and data infrastructure industry through legislative action and revised rules and standards, among others.
Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.